Carson Community Rodeo Incorporated
Carson Community Rodeo Incorporated shows consistent revenue growth and strong financial health with no executive compensation.
EIN: 141867178 · Carson, IA · NTEE: L50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $217K |
| Total Expenses | $166K |
| Program Spending | 90% |
| Net Assets | $122K |
| Transparency Score | 92/100 |
Is Carson Community Rodeo Incorporated Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Carson Community Rodeo Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Carson Community Rodeo Incorporated
Carson Community Rodeo Incorporated (EIN: 141867178) is a nonprofit organization based in Carson, IA, classified under NTEE code L50. The organization reported total revenue of $217K and total assets of $152K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carson Community Rodeo Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carson Community Rodeo Incorporated is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $166K |
| Surplus / Deficit | +$34K |
| Total Assets | $122K |
| Net Assets | $122K |
| Operating Margin | 17.2% |
| Months of Reserves | 8.8 months |
Financial Health Grade: A
In 2023, Carson Community Rodeo Incorporated reported a surplus of $34K with revenue exceeding expenses, holds 8.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Carson Community Rodeo Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +38.1% | +19.5% | +25.7% |
| 2022 | +12.4% | +24.8% | +6.9% |
| 2021 | +25.1% | +18.6% | +24.5% |
| 2020 | -8.3% | +5.4% | +14.9% |
| 2019 | +19.8% | +9.6% | +58.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Carson Community Rodeo Incorporated with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Carson Community Rodeo Incorporated allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $34K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly unusual for an organization of its size and suggests a volunteer-led or very lean operational structure.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Carson Community Rodeo Incorporated:
- Consistent revenue growth, from $83,784 in 2014 to $216,514 currently.
- Strong asset accumulation, growing from $38,891 to $152,383.
- Zero liabilities reported across all filings, indicating excellent financial management.
- 0% officer compensation, suggesting high efficiency and dedication of funds to programs.
- Consistent surplus of revenue over expenses, demonstrating financial sustainability.
Frequently Asked Questions about Carson Community Rodeo Incorporated
Is Carson Community Rodeo Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Carson Community Rodeo Incorporated (EIN: 141867178) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Carson Community Rodeo Incorporated spend its money?
Carson Community Rodeo Incorporated directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Carson Community Rodeo Incorporated tax-deductible?
Carson Community Rodeo Incorporated is registered as a tax-exempt nonprofit (EIN: 141867178). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Carson Community Rodeo Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Carson Community Rodeo Incorporated is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Carson Community Rodeo Incorporated located?
Carson Community Rodeo Incorporated is headquartered in Carson, Iowa and files with the IRS under EIN 141867178. It is classified under NTEE code L50.
How many years of IRS 990 filings does Carson Community Rodeo Incorporated have?
Carson Community Rodeo Incorporated has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $217K in total revenue.
Is Carson Community Rodeo Incorporated a good charity?
Based on the available financial data, Carson Community Rodeo Incorporated appears to be a very good charity. It demonstrates strong financial health, consistent growth, no liabilities, and a remarkable commitment to directing funds to its mission by reporting 0% officer compensation.
How has the organization's revenue grown over time?
The organization has shown consistent and significant revenue growth, increasing from $83,784 in 2014 to $200,420 in 2023, and further to $216,514 in its latest reported period.
What is the organization's approach to executive compensation?
Carson Community Rodeo Incorporated reports 0% officer compensation in all its IRS 990 filings, indicating that no salaries are paid to its officers or executives.
Does the organization have any debt?
No, the organization consistently reports $0 in liabilities across all available IRS 990 filings, indicating it operates debt-free.
Filing History
IRS 990 filing history for Carson Community Rodeo Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carson Community Rodeo Incorporated's revenue has grown by 221.3%, moving from $62K to $200K. Total assets increased by 431.6% over the same period, from $23K to $122K. Total functional expenses rose by 180%, from $59K to $166K. In its most recent filing year (2023), Carson Community Rodeo Incorporated reported a surplus of $34K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $166K | $122K | $0 | — | View 990 |
| 2022 | $145K | $139K | $97K | $0 | — | View 990 |
| 2021 | $129K | $111K | $91K | $0 | — | — |
| 2020 | $103K | $94K | $73K | $0 | — | — |
| 2019 | $113K | $89K | $64K | $0 | — | View 990 |
| 2018 | $94K | $81K | $40K | $0 | — | View 990 |
| 2017 | $76K | $95K | $27K | $0 | — | View 990 |
| 2016 | $82K | $77K | $46K | $0 | — | View 990 |
| 2015 | $73K | $71K | $41K | $0 | — | View 990 |
| 2014 | $84K | $71K | $39K | $0 | — | View 990 |
| 2013 | $70K | $71K | $26K | $0 | — | View 990 |
| 2012 | $67K | $63K | $27K | $0 | — | View 990 |
| 2011 | $62K | $59K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $166K, and assets of $122K (revenue +38.1% year-over-year).
- 2022: Revenue of $145K, expenses of $139K, and assets of $97K (revenue +12.4% year-over-year).
- 2021: Revenue of $129K, expenses of $111K, and assets of $91K (revenue +25.1% year-over-year).
- 2020: Revenue of $103K, expenses of $94K, and assets of $73K (revenue -8.3% year-over-year).
- 2019: Revenue of $113K, expenses of $89K, and assets of $64K (revenue +19.8% year-over-year).
- 2018: Revenue of $94K, expenses of $81K, and assets of $40K (revenue +24.4% year-over-year).
- 2017: Revenue of $76K, expenses of $95K, and assets of $27K (revenue -7.9% year-over-year).
- 2016: Revenue of $82K, expenses of $77K, and assets of $46K (revenue +12.0% year-over-year).
- 2015: Revenue of $73K, expenses of $71K, and assets of $41K (revenue -12.7% year-over-year).
- 2014: Revenue of $84K, expenses of $71K, and assets of $39K (revenue +20.0% year-over-year).
- 2013: Revenue of $70K, expenses of $71K, and assets of $26K (revenue +4.7% year-over-year).
- 2012: Revenue of $67K, expenses of $63K, and assets of $27K (revenue +7.0% year-over-year).
- 2011: Revenue of $62K, expenses of $59K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carson Community Rodeo Incorporated:
Data Sources and Methodology
This transparency report for Carson Community Rodeo Incorporated is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.